The New York State Public Service Commission on Dec. 19 approved climate change resiliency plans filed by Central Hudson Gas & Electric Corporation, Consolidated Edison Company of New York or Con Edison, National Grid, and Orange & Rockland Utilities (O&R). In its order, the commission rejected Con Edison and O&R’s proposal to develop a Storm…...
The New York Public Service Commission on Dec. 19 approved five clean energy projects that could generate over $3 billion in economic benefits for local communities. The five projects have a combined capacity of over 2 gigawatts (GW) and could deliver clean energy to more than one million homes. Alle-Catt Wind, Brookeside Solar, the Champlain-Hudson…...
The U.S. Energy Department on Dec. 17 released an updated study of U.S. liquefied natural gas exports. The department has been assigned responsibility under the Natural Gas Act to assess the public interest of potential LNG exports to nations with which the U.S. does not have a Free Trade Agreement, or non-FTA countries. In January,…...
The U.S. Environmental Protection Agency or EPA on Dec. 18 approved requests for waivers from the California Air Resources Board to implement two regulations to address emissions from passenger cars and heavy-duty vehicles. The Clean Air Act permits California to set its own emissions standards, separate from EPA regulations, by requesting a waiver from the…...
The U.S. Energy Department announced on Dec. 17 a conditional loan guarantee of $15 billion to Pacific Gas & Electric Company to diversify California’s energy sources and improve grid resilience. The announcement marks the department’s largest conditional commitment to a loan guarantee through its Energy Infrastructure Reinvestment, EIR, program to date. The loan guarantee will…...
The Cybersecurity and Infrastructure Security Agency on Dec. 17 published the draft National Cyber Incident Response Plan, or NCIRP, update for public comment. This update tackles significant changes in cyber operations and policy since NCIRP was released in 2016. The 2023 National Cybersecurity Strategy requested for an update of the 2016 National Cyber Incident Response…...
The 2024 hurricane season displayed above average activity, with more hurricanes and named storms than usual, according to an Dec. 17 report published by the U.S. Energy Information Administration. Several hurricanes and storms negatively impacted U.S. energy infrastructure, particularly in the Southeast and Gulf Coast. Electricity markets were in particular impacted by hurricanes during the…...
The U.S. Energy Department on Dec. 16 announced the closing of a $9.63 billion direct loan to Blue Oval SK to build three electric vehicle battery manufacturing facilities: one in Tennessee and two in Kentucky. This marks the largest loan granted by the department’s Advanced Technology Vehicles Manufacturing, or ATVM, program. The plants would have…...
The U.S. Energy Department on Dec. 13 announced a $2.5 billion conditional loan guarantee for Wisconsin Electric Power Company, a subsidiary of WEC Energy Group, to finance a portfolio of clean energy projects in Wisconsin. The portfolio would add more than 1,650 megawatts of utility-scale renewable power and energy storage. This diverse portfolio is expected…...
U.S. natural gas consumption increased by one percent during 2023 to a new record yearly high of 89.4 billion cubic feet per day (Bcf/d), according to an Dec. 13 report published by the U.S. Energy Information Administration. U.S. natural gas consumption has continued to rise during the January to September 2024 period. The increase in…...
The U.S. Energy Department has announced three transportation modal action plans to build a cleaner, more robust and globally competitive transportation network. The action plans pertain to energy and emissions innovation in the maritime, rail, and medium and heavy-duty vehicle sectors. These plans cover the vital elements of the freight sector and convenient and efficient…...
U.S. carbon markets are experiencing a resurgence as key states reinforce their commitment to cap-and-trade systems despite hurdles. Washington’s latest carbon auction saw prices rebound following voter support for its program, while a court ruling has…Read the full report …...
